Permian grows to 373 rigs
The U.S. rig count was unchanged this week, seemingly signaling a response to lowering oil prices, according to Baker Hughes’ Weekly Rig Count.

The total number of rigs active in the U.S. is still 952, the same as last week. However, one land rig came online and one inland waters rig shut down, giving a final tally of land inland waters and offshore rigs of 928, three and 21, respectively.

Two oil-targeting rigs came online this week, while two gas-targeting rigs shut down. Currently, 80.4% of all U.S. rigs are ...

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